Group 1 - The audit report indicates that the consolidated financial statements of Danhua Renewable Energy (Zhuhai) Technology Co., Ltd. fairly reflect its financial position as of May 31, 2025, and its operational results and cash flows for the period from January to May 2025 [1][2][3] - The management of Danhua Renewable Energy is responsible for preparing the financial statements in accordance with accounting standards and ensuring that they are free from material misstatement due to fraud or error [3][4] - The audit was conducted in accordance with Chinese CPA auditing standards, and sufficient evidence was obtained to support the audit opinion [1][5] Group 2 - Danhua Renewable Energy was officially established on May 6, 2023, with a registered capital of RMB 1,000,000 [6][7] - The company operates in various sectors including energy management services, solar power technology services, and environmental protection equipment sales [6][7] - The financial statements are prepared based on the going concern assumption, indicating the management's belief in the company's ability to continue operations for at least 12 months following the approval date of the financial statements [7][8] Group 3 - The company adheres to the accounting policies and estimates as per the relevant accounting standards, ensuring that the financial statements provide a true and complete reflection of its financial status [7][8] - The company employs a perpetual inventory system for its stock management and recognizes inventory impairment losses when the cost exceeds the net realizable value [27][28] - Long-term equity investments are measured based on the initial investment cost, which includes direct costs associated with the acquisition [30][31]

Audit Opinion - The audit report concludes that the financial statements of Guangdong Institute of Building Science Group Co., Ltd. (hereinafter referred to as "the Company") fairly reflect its financial position as of December 31, 2022, 2023, and 2024, in accordance with accounting standards [1][2][3]. Key Audit Matters - Revenue recognition is identified as a key audit matter due to its significant impact on the Company's profits and the complexity of its revenue streams. The audit involved evaluating internal controls, testing key controls, and verifying the accuracy of revenue recognition through various procedures [1][2]. - The recoverability of accounts receivable and contract assets is another key audit matter, with the Company reporting accounts receivable and contract assets totaling RMB 618.2 million and RMB 134.0 million in provisions for bad debts and impairment, respectively. The audit assessed management's estimates and judgments regarding the recoverability of these assets [2][3]. Management and Governance Responsibilities - The management of the Company is responsible for preparing financial statements that fairly present the Company's financial position and for maintaining necessary internal controls to prevent material misstatements due to fraud or error. The governance layer oversees the financial reporting process [2][3]. Company Overview - The Company was established on December 25, 2013, and has undergone several changes in its capital structure, with a registered capital of RMB 313.9 million as of December 31, 2024. The major shareholder is Guangdong Provincial Construction Engineering Group Co., Ltd., holding 73.62% of the shares [3][4]. Financial Reporting Basis - The financial statements are prepared based on the going concern assumption and in accordance with the accounting standards issued by the Ministry of Finance. The reporting period is from January 1 to December 31 each year [11][12]. Accounting Policies - The Company adopts specific accounting policies and estimates that reflect its operational characteristics, including revenue recognition and the treatment of financial instruments. The financial statements are presented in Renminbi [11][12]. Financial Instruments - Financial assets are classified at initial recognition based on the business model and cash flow characteristics. The Company categorizes its financial assets into those measured at amortized cost, those measured at fair value with changes recognized in other comprehensive income, and those measured at fair value with changes recognized in profit or loss [20][21]. Consolidation and Control - The Company consolidates its financial statements based on control, including all subsidiaries. Internal transactions are eliminated in the consolidation process, and any losses from impairment are fully recognized [9][10]. Revenue and Expense Recognition - The Company recognizes revenue based on the completion of performance obligations and assesses the timing of revenue recognition to ensure it aligns with the accounting period [11][12]. Cash and Cash Equivalents - Cash and cash equivalents are defined as cash on hand and deposits that are readily available for payment. The Company ensures that its cash management practices align with its operational needs [17][18]. Conclusion - The audit report and financial statements provide a comprehensive overview of the Company's financial health, operational structure, and adherence to accounting standards, reflecting its commitment to transparency and accountability in financial reporting [1][2][3].

Company Overview - Guangdong Provincial Institute of Architectural Science Group Co., Ltd. was established on December 25, 2013, with a registered capital of RMB 16.376 million [1] - The company underwent a shareholding reform and was officially registered as a joint-stock company on December 16, 2014, with a new registered capital of RMB 23 million [1] - As of March 31, 2025, the registered capital is RMB 31.39 million, with a total share capital of 31.39 million shares [1] Shareholding Structure - The major shareholder is Guangdong Provincial Construction Engineering Group Holdings Co., Ltd., holding 73.62% of the shares [1] - Other significant shareholders include Guangdong State-owned Enterprise Restructuring Development Fund (10%) and Guangdong Yueke Financial Group Co., Ltd. (5%) [1] Business Scope - The company operates in the research and experimental development industry, providing technical services, consulting, and transfer related to construction and civil engineering [1] - Additional services include engineering quality testing, product quality inspection, software development, and energy application optimization [1] Financial Reporting Basis - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance and reflect the company's financial position as of March 31, 2025 [2] - The accounting period is from January 1 to December 31 each year, with the reporting currency being RMB [2] Accounting Policies - The company adopts specific accounting policies and estimates based on its operational characteristics, including revenue recognition and asset impairment [3][4] - The company uses the equity method for accounting for investments in joint ventures and associates [23][25] Financial Instruments - Financial assets are classified at initial recognition as either measured at amortized cost, at fair value through other comprehensive income, or at fair value through profit or loss [9][12] - The company assesses expected credit losses for financial instruments based on historical data and future economic conditions [18][19] Inventory Management - Inventory is classified into raw materials, finished goods, and work in progress, measured at cost or net realizable value, whichever is lower [21] - The company uses the first-in, first-out method for inventory valuation [21] Contract Assets and Liabilities - Contract assets are recognized when the company has the right to receive payment for goods or services transferred to customers, contingent on factors other than the passage of time [22] - The company assesses expected credit losses for contract assets similarly to other financial instruments [22] Non-current Assets Held for Sale - Non-current assets are classified as held for sale when they are expected to be sold rather than used, and their carrying amount is adjusted to fair value less costs to sell [22]

Audit Opinion - The audit report states that the financial statements of Zhongyan (Inner Mongolia) Alkali Industry Co., Ltd. fairly reflect its financial position as of June 30, 2025, in accordance with accounting standards [2][3]. Company Overview - Zhongyan (Inner Mongolia) Alkali Industry Co., Ltd. is a limited liability company established on March 28, 2025, with a registered capital of RMB 40 million [5]. - The company operates in the mining industry, with business activities including non-coal mining, production of food and feed additives, and electricity generation [5]. Financial Reporting - The financial statements are prepared based on the going concern assumption, and the management is responsible for ensuring that the financial statements are free from material misstatements due to fraud or error [3][4]. - The financial report was approved for release on July 9, 2025 [10]. Accounting Policies - The company follows the accrual basis of accounting and uses historical cost as the measurement basis for its financial reporting [10]. - The company recognizes financial assets and liabilities based on their classification, including those measured at amortized cost and those measured at fair value [10][11]. Inventory and Assets - Inventory is measured at the lower of cost and net realizable value, with specific methods for different types of inventory [20]. - Fixed assets are recognized at cost and depreciated using the straight-line method over their useful lives [25][26]. Long-term Investments - Long-term equity investments are accounted for using the equity method, with adjustments made for the share of profits or losses from the investee [22][23]. Financial Instruments - The company classifies financial instruments based on their business model and cash flow characteristics, with specific accounting treatments for different types of financial assets and liabilities [10][11][12].

Company Overview - Source Photonics Holdings (Cayman) Limited was established on November 17, 2010, in the Cayman Islands with a registered capital of $50,000 [1] - The company is primarily engaged in the research, development, production, and sales of optical chips, optical components, and optical modules, mainly used in data centers and telecommunications [1] Financial Reporting Basis - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, based on the going concern principle [1] - The accounting period follows the calendar year, from January 1 to December 31, with the current reporting period defined as the first quarter of 2025 [1] Accounting Policies - The company capitalizes R&D expenses and recognizes revenue based on specific conditions tailored to its operational characteristics [1] - Significant accounting policies include the treatment of construction in progress, investment activities, and capitalized R&D projects, with a threshold of RMB 5 million for materiality [1] Consolidation and Mergers - For mergers under common control, the assets and liabilities of the acquired entity are measured at their book value on the merger date [2] - Non-common control mergers recognize the acquisition cost at fair value, with any excess over the identifiable net assets recognized as goodwill [2] Financial Instruments - Financial assets are classified at initial recognition based on the business model and cash flow characteristics, including those measured at amortized cost and fair value [9][10] - The company assesses expected credit losses based on historical data, current conditions, and forecasts of future economic conditions [18][19] Currency and Foreign Operations - The company operates in multiple currencies, with the reporting currency being USD, while subsidiaries may use RMB or TWD based on their operational environments [1] - Foreign currency transactions are translated at the exchange rate on the transaction date, with monetary items at the balance sheet date rate [7][8] Inventory Management - Inventory is classified into raw materials, work in progress, and finished goods, with valuation based on actual cost [29] - The company uses a perpetual inventory system and assesses inventory for impairment when the net realizable value is lower than cost [30] Long-term Investments - Long-term equity investments are accounted for using the cost method for subsidiaries and the equity method for associates and joint ventures [31] - The initial investment cost for mergers is based on the book value of the acquired entity's net assets or the fair value of consideration paid [31]

吉林银行股份有限公司 审 计 报 告 众环审字（2025）0200352号 目 录 起始页码 审计报告 财务报表 合并资产负债表 1 合并利润表 3 合并现金流量表 4 合并股东权益变动表 5 资产负债表 7 利润表 9 现金流量表 10 股东权益变动表 11 财务报表附注 13 审 计 报 告 众环审字（2025）0200352 号 吉林银行股份有限公司全体股东： 一、审计意见 我们审计了吉林银行股份有限公司（以下简称"吉林银行"）财务报表，包括 2024 年 表、合并及公司股东权益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公允反映了 吉林银行 2024 年 12 月 31 日合并及公司的财务状况以及 2024 年度合并及公司的经营成果和 现金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册会计师对 财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照中国注册会计师职 业道德守则，我们独立于吉林银行，并履行了职业道德方面的其他责任。我们相信，我们获 取的审计证据是充分、适当的，为发表审计意见 ...

Company Overview - Hansong (Nanjing) Technology Co., Ltd. was established on August 21, 2003, and transitioned to a joint-stock company on June 1, 2022 [2] - The company operates in the computer, communication, and other electronic equipment manufacturing industry, focusing on high-performance audio products, innovative audio, and AIoT smart products [2] - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations in the next 12 months [2] Financial Reporting Basis - The financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial position, operating results, and cash flows accurately [3] - The accounting period is from January 1 to December 31, with a short operating cycle defined as 12 months for asset and liability liquidity classification [3] Important Accounting Policies - The company has established specific accounting policies and estimates for financial instrument impairment, fixed asset depreciation, intangible assets, and revenue recognition [2][3] - The company uses the weighted average method for inventory valuation and applies a perpetual inventory system [27] Financial Instruments - Financial assets are classified into three categories upon initial recognition: measured at amortized cost, measured at fair value with changes recognized in other comprehensive income, and measured at fair value with changes recognized in profit or loss [7] - The company assesses expected credit losses based on the risk of default and recognizes loss provisions accordingly [15][14] Long-term Assets - Long-term assets, including fixed assets and intangible assets, are subject to impairment testing if there are indications of impairment [19][28] - Fixed assets are depreciated using the straight-line method over their useful lives, which vary by asset type [24] Research and Development Expenses - R&D expenses include salaries, direct inputs, depreciation, and amortization related to R&D activities [27] - The company capitalizes borrowing costs directly attributable to the acquisition or production of qualifying assets [25] Equity and Liabilities - The company recognizes liabilities for employee benefits and provisions for expected liabilities when it is probable that an outflow of resources will occur [30][32] - Share-based payments are accounted for based on the fair value of equity instruments granted to employees [32]

Core Viewpoint - The audit report for Shanghai Zijiang New Materials Technology Co., Ltd. indicates that the financial statements fairly reflect the company's financial position and operating results for the periods ending March 31, 2025, December 31, 2024, and December 31, 2023, in accordance with accounting standards [1]. Financial Statements Summary - The company reported total operating revenue of CNY 155.35 million for Q1 2025, a decrease from CNY 623.42 million in 2024 and CNY 711.39 million in 2023 [7]. - The total operating costs for Q1 2025 were CNY 146.13 million, compared to CNY 576.91 million in 2024 and CNY 618.94 million in 2023 [7]. - The net profit for Q1 2025 was CNY 10.12 million, down from CNY 53.52 million in 2024 and CNY 90.24 million in 2023 [7]. - The total assets as of March 31, 2025, were CNY 1,107.80 million, an increase from CNY 1,033.28 million in 2024 but a slight decrease from CNY 1,101.51 million in 2023 [6]. - The total liabilities as of March 31, 2025, were CNY 572.80 million, compared to CNY 508.40 million in 2024 and CNY 541.25 million in 2023 [6]. Key Audit Matters - Revenue recognition was identified as a key audit matter, with reported revenues of CNY 155.35 million for Q1 2025, CNY 623.42 million for 2024, and CNY 711.39 million for 2023 [1]. - The expected credit loss on accounts receivable was also a key audit matter, with accounts receivable balances of CNY 306.58 million as of March 31, 2025, and CNY 288.81 million as of December 31, 2024 [1]. Management and Governance Responsibilities - The management is responsible for preparing financial statements that fairly reflect the company's financial position and for maintaining necessary internal controls to prevent material misstatements [2]. - The governance layer is tasked with overseeing the financial reporting process [2]. Cash Flow Summary - The net cash flow from operating activities for Q1 2025 was negative CNY 6.38 million, compared to positive CNY 99.98 million in 2024 and CNY 216.52 million in 2023 [8]. - The net cash flow from investing activities was negative CNY 1.06 million for Q1 2025, compared to negative CNY 62.48 million in 2024 [8]. - The net cash flow from financing activities was positive CNY 66.40 million for Q1 2025, contrasting with negative CNY 94.71 million in 2024 [8].

天津百利科技发展有限公司 CAC 津审字20250877 号 中审华会计师事务所（特殊普通合伙） 目 录 目 录 页 次 一、审计报告 1-3 二、已审财务报表 资产负债表 4-5 利润表 6 现金流量表 7 所有者权益变动表 8-9 三、财务报表附注 10-35 审计报告 CAC 津审字20250877 号 天津百利科技发展有限公司全体股东： 一、审计意见 我们审计了天津百利科技发展有限公司（以下简称百利科技）财务报表，包 括2024年12月31日的资产负债表， 2024年度的利润表、现金流量表、所有者权 益变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制， 公允反映了百利科技2024年12月31日的财务状况以及2024年度的经营成果和现 金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注 册会计师对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。 按照中国注册会计师职业道德守则，我们独立于百利科技，并履行了职业道德方 面的其他责任。我们相信，我们获取的审计证据是充分、适当的，为发表审计意 见提供了基 ...

一、审计意见 我们审计了 REIAL CLUB DEPORTIU ESPANYOL DE BARCELONA, S.A.D. （以下简称"西班牙人"）财务报表，包括 2024 年 12 月 31 日、2025 年 5 月 31 日 的合并及母公司资产负债表，2024 年度及 2025 年 1-5 月的合并及母公司利润表、 合并及母公司现金流量表、合并及母公司所有者权益变动表以及相关财务报表附注 （以下简称"财务报表"）。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公 允反映了西班牙人 2024 年 12 月 31 日、2025 年 5 月 31 日的合并及母公司财务状况 以及 2024 年度、2025 年 1-5 月的合并及母公司经营成果和现金流量。 REIAL CLUB DEPORTIU ESPANYOL DE BARCELONA, S.A.D. 司农审字202525006360015 号 | 目 | 录 | | | | --- | --- | --- | --- | | 审计报告…………………………………………… | | | 1-3 | | 合并资产负债表………………………………… ...